Excess Liquidation Proceeds Account definition

Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) for the benefit of the Certificateholders, which shall be entitled “Xxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of Wilmington Trust, National Association [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of WFRBS Commercial Mortgage Trust 2014-C22, Commercial Mortgage Pass-Through Certificates, Series 2014-C22, Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator in the name of the Trustee pursuant to Section 3.04(d) in trust for the Certificateholders, which shall be entitled “Deutsche Bank Trust Company Americas [or name of any successor Trustee], as Trustee, in trust for the registered holders of RBS Commercial Funding Inc., Commercial Mortgage Pass-Through Certificates, Series 2012-C7, Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account means the segregated account or accounts (or the segregated sub-account of the Collection Account) created and maintained by the Trustee pursuant to Section 3.04(d) in trust for the Certificateholders, which shall be entitled "[NAME OF TRUSTEE], as Trustee, in trust for the registered holders of LB-UBS Commercial Mortgage Trust 2006-C1, Commercial Mortgage Pass-Through Certificates, Series 0000-X0".

Examples of Excess Liquidation Proceeds Account in a sentence

  • The Trustee shall give notice to the Master Servicer, the Special Servicer and the Rating Agencies of any change in the location of the Collection Account, the Interest Reserve Account or the Excess Liquidation Proceeds Account prior to any change thereof.

  • As of the Closing Date, the Collection Account, the Interest Reserve Account and the Excess Liquidation Proceeds Account shall be located at the Trustee's Corporate Trust Office.

  • Pool Custodial Account, the Collection Account, the Interest Reserve Account and the Excess Liquidation Proceeds Account.

  • Pool Custodial Account, the Distribution Account, the Interest Reserve Account and the Excess Liquidation Proceeds Account.................

  • Custodial Account, the Distribution Account, the Interest Reserve Account and the Excess Liquidation Proceeds Account.


More Definitions of Excess Liquidation Proceeds Account

Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) of the Pooling and Servicing Agreement for the benefit of the Certificateholders, which shall be entitled “Wxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of Wilmington Trust, National Association [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of Wxxxx Fargo Commercial Mortgage Trust 2015-NXS1, Commercial Mortgage Pass-Through Certificates, Series 2015-NXS1, Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account. The segregated account (or the sub account of the Distribution Account) created and maintained by the Certificate Administrator in the name of the Buyer/Secured Party pursuant to the Pooling and Servicing Agreement, in trust for the Certificateholders.
Excess Liquidation Proceeds Account means the segregated account created and maintained by the Trustee pursuant to Section 3.04(d) in trust for the Certificateholders, which shall be entitled "LaSalle Bank National Association, as Trustee, in trust for the registered Holders of Greenwich Capital Commercial Funding Corp., Commercial Mortgage Trust 2006-GG7, Commercial Mortgage Pass-Through Certificates, Series 2006-GG7."
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) of the Pooling and Servicing Agreement in trust for the Certificateholders, which shall be entitled “Xxxxx Fargo Bank, National Association [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of U.S. Bank National Association [or name of any successor Trustee], as Trustee, in trust for the registered holders of RBS Commercial Funding Inc., 2013-C15, Commercial Mortgage Pass-Through Certificates, Series 2013-C15, Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) for the benefit of the Certificateholders, which shall be entitled “[CERTIFICATE ADMINISTRATOR] [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of [TRUSTEE] [or name of any successor Trustee], as Trustee, for the benefit of the registered holders of SG Commercial Mortgage Securities, LLC, Commercial Mortgage Pass-Through Certificates, Series Series 20[__]-[____], Excess Liquidation Proceeds Account.”
Excess Liquidation Proceeds Account. The segregated account (or the sub-account of the Distribution Account) created and maintained by the Certificate Administrator on behalf of the Trustee pursuant to Section 3.04(d) of the Pooling and Servicing Agreement for the benefit of the Certificateholders, which shall be entitled “[_______________] [or the name of any successor Certificate Administrator], as Certificate Administrator on behalf of [_______________] [or name of any successor Trustee], as Trustee for the benefit of the registered holders of SG Commercial Mortgage Trust [____]-[__],Commercial Mortgage Pass-Through Certificates, Series [____]-[__], Excess Liquidation Proceeds Account”.
Excess Liquidation Proceeds Account. The segregated trust account or sub-account created and maintained by the Trustee pursuant to Section 3.05(j) in trust for the Certificateholders and, in the case of the Serviced Companion Loans, the Serviced Companion Loan Noteholders, which shall be entitled "Wells Fargo Bank, N.A., as Trustee, in trust for Holders of Deutsche Xxxxxage & Asset Receiving Corporation, COMM 2006-C7 Commercial Mortgage Pass-Through Certificates and, if applicable, Serviced Companion Loan Noteholders, Excess Liquidation Proceeds Account." The Excess Liquidation Proceeds Account must be an Eligible Account or a sub-account of an Eligible Account and will be an asset of the Lower-Tier REMIC.